Severfield taps McNerney as new chief executive

Severfield names a Laing O'Rourke veteran to lead the steel contractor as it enters its next growth phase.

Severfield appoints Paul McNerney chief executive from Laing O'Rourke

Severfield, Britain's largest steelwork contractor, has named Paul McNerney as chief executive, with the appointment set for autumn. McNerney is currently director for clients and government at Laing O'Rourke and brings more than 25 years of leadership in UK and international construction and manufacturing.

McNerney previously ran O'Rourke's UK construction arm and led divisions including Select Plant Hire, Explore Manufacturing and Crown House Technologies. He has delivered major projects such as Everton's new stadium and Oxford University's Humanities campus, both built with Severfield as the main steelwork contractor. His international work includes launching infrastructure operations in New South Wales and expanding into oil and gas markets. Severfield chair Charlie Cornish said McNerney's strategic and operational background would be key to leading the group through its rebuilding process to the next phase of its growth and innovation. A firm start date will be confirmed in the coming weeks.

Severfield is moving from a period of disruption to a plan for growth. Hiring a chief executive from a rival signals confidence in its ability to attract top talent and to shift focus from rebuilding to expansion. McNerney's experience in large projects and government work could help Severfield manage complex contracts and tighter margins.

However, the transition will face market headwinds such as steel costs, supply chain volatility, and competition for skilled leaders. The real test will be whether the new leader can translate a long record into steadier performance and stronger relationships with clients like Everton and universities. If Severfield can align operations with a clearer growth plan, the company may strengthen its position as a key player in the UK steelwork market.

Highlights

Time will tell if the plan translates into durable growth.